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BUSN 380 Slingshot Academy / busn380study.com

FOR MORE CLASSES VISIT <br> www.busn380study.com<br><br>The Final Exam consists of 45 multiple choice questions worth 4 points each and 6 short answer questions worth 10 points each. <br> <br> <br>Question 1.1 After a lengthy job search, Judy Smith has found a place of employment; however, it is demanding and she is required to work long hours during the week and even on weekends, leaving little time for outside interests. Her decision to work at this job is an example of (Points : <br>

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BUSN 380 Slingshot Academy / busn380study.com

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  1. BUSN 380 Slingshot Academy / busn380study.com The progress of the world depends almost entirely upon education More Courses Visit Now www.busn380study.com

  2. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Final Exam Guide (New) The Final Exam consists of 45 multiple choice questions worth 4 points each and 6 short answer questions worth 10 points each. Question 1.1 After a lengthy job search, Judy Smith has found a place of employment; however, it is demanding and she is required to work long hours during the week and even on weekends, leaving little time for outside interests. Her decision to work at this job is an example of (Points :

  3. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 1 Problem Set 1 TCO 1 Time value of money relationships & applications; opportunity costs; personal financial statements -Problem Set 1 1. Ben Collins plans to buy a house for $65,000. If that real estate property is expected to increase in value 5 percent each year, what would its approximate value be seven years from now? 2. At an annual interest rate of five percent, how long would it take for your savings to double? 3. In the mid-1990s, selected automobiles had an average cost of $12,000. The average cost of those same motor vehicles is now $20,000. What was the rate of increase for this item between the two time periods?

  4. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 1 Quiz Set 1 BUSN 380 Week 1 Quiz Set 1 Question 1. Question : (TCO 1) When a person faces a trade-off and must give up something by making a choice, this is referred to as taking out a loan. opportunity cost. the evaluation of alternatives. a decision-making process. a dilemma.

  5. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 1 Quiz Set 2 BUSN 380 Week 1 Quiz Set 2 The danger of lost buying power during times of rising prices is referred to as inflation risk. economic risk. personal risk. interest-rate risk. money risk. Question 2.2. (TCO 1) When bankruptcy is experienced, this can be the result of poor decisions in the _____ component of financial planning.

  6. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 2 Problem Set 2 TCO 2 - Problem Set 2 - Tax Fundamentals; Cash Management; Distinctions among Financial Institutions 1. Thomas Franklin arrived at the following tax information: Gross salary, $46,660 Interest earnings, $225 Dividend income, $80 One personal exemption, $3,400 Itemized deductions, $7,820 Adjustments to income, $1,150 What amount would Thomas report as taxable income?

  7. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 2 Quiz Set 1 Question 1. 1. (TCO 2) This type of tax is assessed on specific goods and services at the time of purchase. Estate Inheritance Excise General sales Value added Question 2. 2. (TCO 2) Interest earnings of $2,400 from a taxable investment for a person in a 28% tax bracket would result in after-tax earnings of $672. $1,728. $2,400.

  8. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 2 Quiz Set 2 Question 1. (TCO 2) In order to best compare the earnings for different savings plans, one can refer to each plan's discounted present value. compounded rate of return. net present value. annual percentage yield. after-tax rate of return. Question 2. (TCO 2) Interest earnings of $2,400 from a taxable investment for a person in a 28% tax bracket would result in after-tax earnings of Question 3.3. (TCO 2) _____ can reduce taxable income. Portfolio income Tax credits

  9. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 3 Problem Set 3 Problem Set 3 1. Louise McIntyre’s monthly gross income is $2,000. Her employer withholds $400 in federal, state, and local income taxes and $160 in Social Security taxes per month. Louise contributes $80 per month for her IRA. Her monthly credit payments for VISA, MasterCard, and Discover card are $35, $30, and $20, respectively. Her monthly payment on an automobile loan is $285. What is Louise’s debt payments-to-income ratio? Is Louise living within her means?

  10. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 3 Quiz Set 1 Question 1. Question : (TCO 3) Examples of _____ include automobile and installment loans for purchasing furniture or appliances. a line of credit a credit card loan open-end credit closed-end credit convenience credit Question 2. Question : (TCO 3) When obtaining open-end credit, you may see this being offered as

  11. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 3 Quiz Set 2 1. (TCO 3) _____ is a good example of a closed-end credit. A credit card issued by a department store A credit card issued by VISA or MasterCard A mortgage loan Using a cashier's check to pay for a purchase Using overdraft protection at a bank Question 2. 2. (TCO 3) A creditor may set a maximum amount of credit that a person is allowed, and this is called a(n) revolving credit. line of credit. convenience credit.

  12. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 3 Quiz Set 3 1. _____ is a good example of a closed-end credit. A credit card issued by a department store A credit card issued by VISA or MasterCard A mortgage loan Using a cashier's check to pay for a purchase Using overdraft protection at a bank Question 2. When obtaining open-end credit, you may see this being offered as installment credit. a box of credit. convenience credit. revolving credit.

  13. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 4 Assignment Project 1 Job Search and Personal Budget (2 Projects) This Tutorial contains 2 Projects Using your income from your current job or using income from a future job that you are planning on having after graduating from college, construct a budget. Searching for a job: Using a daily newspaper or an online search engine, find the monthly income/salary which will be used as your income in your personal budget. Some useful job search websites: Monster (<a href="http://www.monster.com/">www.monster.com</a>), Career Builder , and Jobs

  14. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 4 Problem Set 4 1. Determining Profit or Loss from an Investment. Three years ago, you purchased 150 shares of IBM stock for $88 a share. Today, you sold your IBM stock for $103 a share. For this problem, ignore commissions that would be charged to buy and sell your IBM shares. a. What is the amount of profit you earned on each share of IBM stock? b. What is the total amount of profit for your IBM investment?

  15. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 4 Quiz Set 1 Question 1. Question : (TCO 5) Which of the following statements is false? No one is going to make you save the money; you need to start a program. To be useful, investment objectives must be very specific. Investment goals can be different for each individual. Because investment objectives deal with the future, it is useful to plan more than 5 years in the future. A long-term investment objective involves a time period of 2 years or less. Question 2. Question : (TCO 5) Good advice for a potential investor starting an investment program includes all but which of the statements below?

  16. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 4 Quiz Set 2 Question 1. 1. (TCO 5) If an investment objective is short term, this means that the goal should be achieved in what time frame? Less than 6 months In 2–5 years More than 5 years A year or less None of the above

  17. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 4 Quiz Set 3 1. (TCO 5) Which of the following statements is false? No one is going to make you save the money; you need to start a program. To be useful, investment objectives must be very specific. Investment goals can be different for each individual. Because investment objectives deal with the future, it is useful to plan more than 5 years in the future. A long-term investment objective involves a time period of 2 years or less. Question 2. 2. (TCO 5) Eric Peltz earns $70,000 a year. His monthly expenses total $3,600. What is the minimum amount of money that Mr. Peltz should set aside in an emergency fund? $1,800

  18. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 5 Problem Set 5 Problem Set 5 1. Tammy Monahan is considering the purchase of a home entertainment center. The product attributes and weights she plans to consider are: portability .1 sound projection .6 warranty .3 Tammy rated the brands as follows: Using the Consumer Buying Matrix (p. 252), conduct a quantitative product evaluation rating for each brand. What other factors is Tammy likely to consider when making her purchase?

  19. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 5 Quiz Question 1. 1. (TCO 1) _____ is the first phase of the consumer buying process. (Points : 1) Gathering information Evaluating alternatives Selecting the buying location Researching alternatives Identifying the problem Question 2. 2. (TCO 1) The purpose of a cooperative is to (Points : 1) solve consumer complaints. test consumer products for quality. lobby for changes in consumer protection laws. obtain brand-name items for less than wholesale

  20. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 5 You Decide Potential Purchase Of A Home (2 Papers) This Tutorial contains 2 Papers SCENARIO Scenario Summary After a number of years of planning, you have made the decision to evaluate the potential purchase of a home. The goal of the assignment is to compare two homes based on demographics, and also to analyze a number of additional factors related to the home-buying process and ongoing possession.

  21. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 6 Assignment Project 2 Car Buying (2 Projects) This Tutorial contains 2 Projects In this assignment, we will learn how to buy a car and figure out whether it is priced at or below market value. First, you need to decide on your budget which is the maximum you can spend on a car and that maximum number should take into consideration price, tax, registration, and fixing if needed. Second, go to a web site such as cars.com and search for a car in within your budget constraint. Third, go to a web site such as the one for the Kelly Blue Book, and find out whether the car is at market value, overpriced, or underpriced.

  22. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 6 Problem Set 6 Problem Set 6 1. For each of the following situations, what amount would the insurance company pay? a. Wind damage of $835; the insured has $500 deductible. b. Theft of a stereo system worth $1,300; the insured has a $250 deductible. c. Vandalism that does $425 of damage to a home; the insured has a $500 deductible. 2. Beverly and Kyle Nelson currently insure their cars with separate companies paying $650 and $575 a year. If they insure both cars with the same company, they would save 10 percent on the annual premiums.

  23. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 6 Quiz 1. (TCO 4) If a home inspection reveals defective house wiring, then this is an example of a (Points : 1) threat. peril. risk. speculation. hazard. Question 2. 2. (TCO 4) If you decide to install a new home security system with cameras, this is an example of _____ risk. (Points : 1) shifting accepting transferring

  24. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 7 Problem Set 7 Problem Set 7 1. Calculating Net Asset Value. Given the information below, calculate the net asset value for the Boston Equity mutual fund. Total assets $225,000,000 Total liabilities 5,000,000 Total number of shares 4,400,000 2. Calculating the Rate of Return of Investment Using Financial Leverage. Suppose Shaan invested just $10,000 of his own money and had a $90,000 mortgage with an interest rate of 8.5 percent. If after three years he sold the property for $120,000.

  25. BUSN 380 Slingshot Academy / busn380study.com BUSN 380 Week 7 Quiz 1. (TCOs 6 and 7) The Capitalist Mutual Fund's portfolio is valued at $48 million. The fund has liabilities of $4 million, and the investment company sponsoring the fund has issued 1,600,000 shares. What is the fund's net asset value? (Points : 1) $48.00 $30.00 $36.66 $27.50 $1

  26. BUSN 380 Slingshot Academy / busn380study.com The progress of the world depends almost entirely upon education More Courses Visit Now www.busn380study.com

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